Since banks profit from fees and blockchain will kill fees, my guess is banks will be negatively impacted.
Some banks are already stepping into the blockchain world.
But blockchain will not bring back the profits as otherwise.
Any thoughts?
Apologies if this is not the right place to discuss.
Thanks in advance.
I think so as well. If the banks won't learn to adapt on how the world of cryptocurrencies work, then they would most likely fail. Still, I believe that they have the capability to innovate their facilities and work on adapting the cryptocurrencies. Afterall, they are one of the wealthiest form of business all over the world.